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Re: Zenfolio post# 55886

Wednesday, 05/04/2011 9:34:42 AM

Wednesday, May 04, 2011 9:34:42 AM

Post# of 173290
Don't get me wrong... I am as invested today as ever in LBSR, but doesn't a report from 8 years ago anticipating LBSR hitting $7 if we hit new gold highs of $500+ make one question the reliability of the source? In other words, it doesn't install confidence in their analysis of LBSR when we are sitting at .03 instead of $7, eight years later....

$7 in 2004 = $0.70 in 2011 (when adjusted for the 1 for 10 reverse split)

I'm betting we see $0.70 before all is said and done...

LBSR TO DA MOON!!!

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